PACIFIC LAKE PARTNERS, L.L.C.

Thesis

Pacific Lake Partners, L.L.C. is a private equity firm founded in 2009 that focuses on supporting entrepreneurs in acquiring and growing small to medium-sized businesses, primarily through the search fund model. They target lower mid-market companies with EBITDA between $2 million and $5 million and EBITDA margins exceeding 15%, with acquisition prices around 6x EBITDA. Their strategy involves providing capital and operational support from acquisition through scaling. They also offer a "Long-Term Hold" (LTH) strategy for high-performing search fund CEOs. Their investment sectors include Enterprise Applications, FinTech, Software & Technology Services, Healthcare, Business Services, Financial Services, Education, and Retail, with a geographic focus on the United States and Canada. The firm employs a "4+1" industry search framework and emphasizes a collaborative, relationship-first approach. As of December 31, 2025, they managed approximately $2.302 billion in client assets. Fund Six, a buyout fund, was $317 million in 2024, and Fund IV closed at $175 million in 2019. They have raised over $1.58 billion across 8 funds. Their headquarters are in Boston, MA, with an office in the Bay Area.

Related lists

• Seed-stage Enterprise investors
• Seed-stage Fintech investors
• Seed-stage Healthcare investors